Demex Daily #321: Xenea Blockchain Seeks Partners Ahead of 2025 Launch

What’s Interesting Today:

Xenea, an EVM-compatible Layer 1 blockchain, focuses on decentralized storage and long-term data solutions for Web3, AI, and decentralized infrastructure. It utilizes Proof of Democracy (PoD) for secure transactions and Decentralized Autonomous Storage (DACS) to handle dynamic data. Xenea aims to support the next generation of Web3 projects with a robust data storage infrastructure, targeting regions like the Middle East, Africa, and Asia. Ahead of its mainnet launch in Q1 2025, Xenea is recruiting ecosystem partners, offering opportunities for user acquisition, exposure, and collaboration through the XENEA Wallet and other initiatives.

Solana's latest proposal introduces a "lattice-based" hashing system designed to overcome computational limitations and support billions of user accounts. The system eliminates the need to recalculate the entire state of user accounts, instead verifying only those that have changed, thus reducing computational load. Using homomorphic hashing, it maintains security while improving performance. Initial tests have shown positive results, and the proposal will be implemented gradually, requiring validator voting for full network activation. This development could set a new benchmark for scalability in blockchain technology.

Trade SOLANA SOL-PERP on Demex